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Business

  • Exclusive: Hundred investors in power struggle with counties

    January 15, 2026

    The honeymoon period for some Hundred franchises following their windfall from overseas investors appears to be over, with relationships between counties and the new co-owners at multiple teams described as “fractious”. Sources with knowledge of the power struggle told Morning Wire that “culture clashes” between investors, mostly from India and the US, had led to [...]

  • Forest swerves TfL’s e-scooter trial

    January 15, 2026

    Major bike lenders are snubbing Transport for London’s e-scooter rollout as the capital’s micromobility players question regulations around trials. TfL opened the bidding for the next phase of its e-scooter experiment last week.  But major electric bike operators may snub the chance to introduce e-scooters into fleets of rental vehicles across the capital, Morning Wire [...]

  • Defence splurge cannot fund planned expansion, military chief says

    January 14, 2026

    The Labour government’s commitment to increase defence expenditure to 2.5 per cent of GDP from next year will not fully fund the planned expansion of the armed forces, a top military official has warned.  Sir RIchard Knighton, chief of the defence staff, told MPs on Monday the rise in government funding would not be enough [...]

  • Divorced retirees more likely to rely on the state pension

    January 14, 2026

    Thousands more divorcees depend on the state pension compared to those in a marriage as the financial impact of separation continues to ripple into retirement across the UK. Nearly 70 per cent of divorcees rely on the state pension for their main source of income after leaving the workforce, compared to 45 per cent of [...]

  • ‘Downfall’: Home REIT faces SFO probe into suspected bribery and fraud

    January 14, 2026

    The UK’s top financial crime unit has unveiled a major probe into the past management of Home REIT after identifying as much as £300m in suspected fraud and bribery. The Serious Fraud Office (SFO) said it has carried out raids and arrests into the former London-listed social housing company, including searches at homes in Altrincham, [...]

  • Game, set, appeal: Wimbledon’s £200m expansion hits the court

    January 14, 2026

    The battle over Wimbledon’s £200m expansion has reached match point: while tournament chiefs aim for a net gain of 39 new courts, a campaign group is fighting back by dragging the planning decision to the Court of Appeal. The All England Lawn Tennis Ground plans to build 39 new tennis courts and an 8,000-seat stadium [...]

  • Arsenal owner Stan Kroenke becomes largest private landowner in US

    January 14, 2026

    Arsenal’s billionaire owner Stan Kroenke has flexed his financial muscle to become the largest private landowner in the US, according to a new ranking. Trade publication The Land Report’s annual list of the top 100 US landowners places Kroenke top following his acquisition of almost 1m acres of New Mexico last month. The real estate [...]

  • Davos: Economic war is the ‘biggest global risk’

    January 14, 2026

    Trade wars and economic disputes between global powers are the biggest risk to the world over the next two years, business leaders, academics and government officials have said in a report ahead of the World Economic Forum’s Davos meeting.  Nearly a fifth of respondents in a survey (18 per cent) by the World Economic Forum [...]

  • Big Tech steps up energy hiring as grid creaks under AI pressure

    January 14, 2026

    Big Tech is increasingly recruiting energy specialists as access to electricity becomes a central constraint on the expansion of AI infrastructure. Energy-related hiring at tech firms rose 34 per cent year on year in 2024, according to Workforce.ai data, and has remained around 30 per cent above pre-2022 levels. The increase reflects growing demand for [...]

  • ‘We’re turning the country around’: U-turns put pressure on defiant Starmer 

    January 14, 2026

    Keir Starmer attempted to justify a string of policy U-turns on everything from business rates to the mandatory digital ID, claiming the Labour government was “turning the country around”.  In an awkward Prime Minister’s Questions on Wednesday, opposition leader Kemi Badenoch grilled Starmer on recent U-turns, which prove tricky for MPs and strategists to explain [...]

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